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Income Taxes (Tables)

12 Months Ended

Dec. 31, 2013

Income Taxes [Abstract]

Schedule of Components of Income Tax Expense (Benefit) [Table Text Block]

(In thousands)		2013		2012
Current Tax expense:
Federal	$	518	$	417
State		416		96
	$	934	$	513
Deferred tax expense:
Federal	$	927	$	22
State		361		378
	$	1,288	$	400
Income tax expense for the year	$	2,222	$	913

Schedule of Effective Income Tax Rate Reconciliation [Table Text Block]

	2013	2012
Federal statutory rate	35.0%	35.0%
Tax-exempt income on securities and loans	(7.3)	(11.9)
Tax-exempt BOLI income	(4.1)	(11.2)
State income tax, net of federal tax benefit	7.3	7.9
Tax credits	(5.6)	(10.1)
Other	0.4	6.7
	25.7%	16.4%

Schedule of Deferred Tax Assets and Liabilities [Table Text Block]

(In thousands)		2013		2012
Deferred tax assets:
Allowance for loan losses	$	5,435	$	6,446
Deferred loan fees		28		70
Deferred compensation		767		704
Federal and state tax loss carry forwards		6,057		5,289
AMT and other carry forwards		1,772		1,712
Unrealized loss on investment securities available-for-sale		12,686		8,771
Pension/SERP		0		1,677
Other than temporary impairment on investment securities		5,449		5,937
Other real estate owned		1,749		1,243
Other		1,191		1,874
Total deferred tax assets		35,134		33,723
Valuation allowance		(1,563)		(1,471)
Total deferred tax assets less valuation allowance		33,571		32,252
Deferred tax liabilities:
Amortization of goodwill		(2,171)		(1,857)
Pension/SERP		(574)		0
Depreciation		(1,207)		(1,409)
Other		(410)		(104)
Total deferred tax liabilities		(4,362)		(3,370)
Net deferred tax assets	$	29,209	$	28,882

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- Definition

Tabular disclosure of the components of income tax expense attributable to continuing operations for each year presented including, but not limited to: current tax expense (benefit), deferred tax expense (benefit), investment tax credits, government grants, the benefits of operating loss carryforwards, tax expense that results from allocating certain tax benefits either directly to contributed capital or to reduce goodwill or other noncurrent intangible assets of an acquired entity, adjustments of a deferred tax liability or asset for enacted changes in tax laws or rates or a change in the tax status of the entity, and adjustments of the beginning-of-the-year balances of a valuation allowance because of a change in circumstances that causes a change in judgment about the realizability of the related deferred tax asset in future years.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 740

-SubTopic 10

-Section 50

-Paragraph 9

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Tabular disclosure of the components of net deferred tax asset or liability recognized in an entity's statement of financial position, including the following: the total of all deferred tax liabilities, the total of all deferred tax assets, the total valuation allowance recognized for deferred tax assets.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 740

-SubTopic 10

-Section 50

-Paragraph 2

-URI http://asc.fasb.org/extlink&oid=6907707&loc=d3e32537-109319

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Tabular disclosure of the reconciliation using percentage or dollar amounts of the reported amount of income tax expense attributable to continuing operations for the year to the amount of income tax expense that would result from applying domestic federal statutory tax rates to pretax income from continuing operations.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 740

-SubTopic 10

-Section 50

-Paragraph 12

-URI http://asc.fasb.org/extlink&oid=6907707&loc=d3e32687-109319

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